Indiabulls Real Estate’s promoters have acquired 23.20 lakh shares in the company between 1-3 July. As of march 31, 2013, the promoters holding in the company stood at 44.38%, while institutions and non-institutions held 32.22% and 23.24% stake in the company, respectively.
The company has registered 51% jump in its sales bookings to Rs 3,002 crore during the last fiscal as against Rs 1,982 crore for the year FY12, while the annual rental income grew by 37% to Rs 486 crore in FY-13 versus Rs 354 crore in FY-12.
Indiabulls Real Estate is country’s third largest property company. It has various development projects in the residential, commercial, hotels, malls, and Special Economic Zone (SEZ) segments. The company’s projects portfolio includes high-end office and commercial spaces, premium residential developments, integrated townships, luxury resorts and SEZs.
